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Cashier theft is a serious issue that affects retail businesses of all sizes. According to a study by the National Retail Federation, employee theft, including cashier theft, accounts for an estimated $50 billion in losses for retailers each year.
In an effort to combat this issue, many businesses have turned to counterfeit pens as a way to detect counterfeit bills. But in reality, counterfeit pens are not reliable at all when it comes to detecting counterfeits money.
Counterfeiting money is a severe crime and punishable by law, but what happens when a customer unknowingly tries to use a fake bill?
The new banknote was released in 2013 and features some important changes. Here, we take a closer look at the new 100 dollar bill, so you can better understand what it looks like and why it's been redesigned.